Changes in limits on payments, transfers and withdrawals of cash FX from hryvnia payment cards abroad

Dear customers, please be informed that effective July 21, the National bank of Ukraine takes additional measures to minimize allocating international reserves to non-priority spending areas in wartime. Specifically, such changes concern limits on payments, transfers and withdrawals from hryvnia payment cards abroad:

• Individuals will be able to withdraw abroad an equivalent of UAH 50,000 from hryvnia payment cards per month, as they did before. At the same time, the monthly limit on withdrawals abroad of cash FX from hryvnia payment cards has been replaced with a weekly one, in particular, an equivalent of up to UAH 12,500 per seven calendar days;
• the monthly limit on P2P transfers from Ukraine abroad using hryvnia cards issued by Ukrainian banks has been reduced to the equivalent of UAH 30,000 from UAH 100,000;
• the monthly limit of UAH 100,000 (in equivalent) has been set for hryvnia card-based payments outside of Ukraine from all customer’s hryvnia accounts opened with a bank.

In addition, the National Bank of Ukraine has changed the official exchange rate of the hryvnia against US dollar by 25%, to UAH/USD 36.5686, effective 9:00 21 July 2022, and has taken additional measures to balance the FX market and support resilience of economy during the war. Read more https://bank.gov.ua/ua/news/all/nbu-zafiksuvav-ofitsiyniy-kurs-grivni-do-dolara-ssha-na-novomu-rivni-ta-vjiv-nizku-dodatkovih-zahodiv-dlya-zbalansuvannya-valyutnogo-rinku-ta-pidtrimannya-stiykosti-ekonomiki-v-umovah-viyni